Pepper prices today, December 29th: Rising to 151,000 VND/kg on the last day of the year.
Domestic pepper prices recorded a slight increase of 500 VND/kg in key producing regions, consolidating high price levels amidst forecasts of a 5-7% decline in global supply in the next crop year.
Báo Nghệ An•29/12/2025At the close of trading on December 29th, the domestic pepper market recorded positive signals as purchase prices uniformly increased slightly by 500 VND/kg in key growing regions. This development reinforces the position of pepper at high prices as export businesses begin preparing raw materials for orders in early 2026.
Trends in pepper prices in key producing regions.
According to surveys in the Central Highlands and Southeast regions, today's pepper prices range from 149,500 to 151,000 VND/kg. This is a very high price compared to the average price over the past several years.
| Local | Purchase price (VND/kg) | Fluctuations |
|---|---|---|
| Dak Lak | 151,000 | +500 |
| Boeing Nong | 151,000 | +500 |
| Gia Lai (Chu Se) | 149,500 | +500 |
| Ba Ria - Vung Tau | 150,000 | +500 |
| Binh Phuoc | 150,000 | +500 |
According to purchasing agents, the amount of pepper circulating in the market is currently not abundant. Most farmers sold their produce during the previous period of low prices, while the remaining stock is being held back awaiting better prices. Therefore, any slight price increases are quickly absorbed by the market.
Global market: Conflicting pressures in Brazil
Data from the International Pepper Community (IPC) shows that world pepper prices are generally stable, although there are mixed fluctuations among producing countries. In Indonesia, Lampung black pepper is listed at US$6,812/ton, while Muntok white pepper is at US$9,179/ton. Meanwhile, Brazilian ASTA 570 black pepper decreased by 1.23%, to US$6,000/ton, due to pressure from weakening short-term demand.
In Vietnam, the export price of black pepper (500 g/l) is currently trading around US$6,500/ton, while the 550 g/l variety is priced at US$6,700/ton. The export price of white pepper remains stable at US$9,250/ton, continuing to support the domestic market anchored in the highlands.
Supply outlook for the 2025-2026 crop year
Despite the temporary slowdown due to the year-end holidays, the medium- and long-term outlook for the pepper market still faces the risk of supply shortages. The Vietnam Pepper and Spice Association forecasts that many major producing countries such as Brazil, Indonesia, India, and Vietnam are all at risk of declining production.
In Vietnam, the world's largest pepper exporter, production is expected to decrease by approximately 5-7% compared to normal levels. Unfavorable weather conditions at the end of 2025, along with the reduction in previously planted area, are directly impacting yields. Analysts predict that pepper prices are likely to remain high as import demand picks up again at the beginning of next year.
Source: https://baonghean.vn/gia-tieu-hom-nay-2912-tang-len-muc-151000-dongkg-ngay-cuoi-nam-10317505.html
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